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SAN FRANCISCO--(BUSINESS WIRE)-- The Charles Schwab Corporation announced today that it has extended the expiration date of its offer to exchange up to $256,405,000 aggregate principal amount of its 3.225% Notes due 2022 (the "Old Notes") that have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), for an equal amount of its outstanding 3.225% Notes due 2022 that have been registered under the Securities Act (the "New Notes"). As a result of the extension, the exchange offer is now scheduled to expire at 12:00 a.m., New York City time, on January 22, 2013, unless further extended. The exchange offer was originally set to expire at 12:00 a.m., New York City time, on January 15, 2013.

Based on the latest information provided by the exchange agent, tenders of approximately $255,270,000 aggregate principal amount, or 99.56%, of the Old Notes have been received pursuant to the exchange offer. Except for the extension of the expiration date, all of the other terms of the exchange offer remain as set forth in the exchange offer prospectus, dated December 11, 2012.

Copies of the prospectus and related letter of transmittal may be obtained from The Bank of New York Mellon, which is serving as the exchange agent for the exchange offer. The Bank of New Mellon may be contacted as follows: